Nvidia just secured a $500 billion deal that could completely transform the US energy sector.

Nvidia has become the most valuable company in the world by positioning itself at the absolute centre of the artificial intelligence revolution. Every major AI system - from ChatGPT to autonomous vehicles - relies on Nvidia's chips.

Now, the tech giant is expanding its reach even further with deals that could reshape critical infrastructure.

CEO Jensen Huang disclosed that Nvidia will build seven new supercomputers for the US Department of Energy, adding that the company has $500 billion in chip orders lined up.

These powerful machines will help maintain and develop America's nuclear weapons stockpile and research alternative energy sources, including nuclear fusion.

The largest of these supercomputers will be built in partnership with Oracle and will contain 100,000 of Nvidia's cutting-edge Blackwell chips, representing one of the most powerful computing systems ever created.

Speaking at the company's GTC event in Washington, DC, Huang credited President Trump's energy policies with creating favourable conditions for Nvidia's expansion. These included network technology that will let Nvidia AI chips work with quantum computers.

“Putting the weight of the nation behind pro-energy growth completely changed the game,” Huang said. “If this didn’t happen, we could have been in a bad situation, and I want to thank President Trump for that.”

Nvidia recently became the first company in history to achieve a market valuation exceeding $4 trillion, with shares closing up 5% at $201.03 on Tuesday (28 October).

Investors are closely watching for clarity on which chips Nvidia will be able to sell into the massive Chinese market, amid escalating US export restrictions on advanced semiconductor technology.

Meanwhile, Nvidia also announced it would invest $1 billion to acquire a 2.9% stake in Finnish telecom equipment maker Nokia, as part of its broader focus on AI and data centre technologies. As part of the collaboration, Nvidia introduced a new product line called Arc, specifically designed to work with telecommunications equipment.

Huang mentioned that partnering with Nokia will improve the power efficiency of Nokia's base stations for 6G, the next generation of wireless technology.

“We’re going to take this new technology and we’ll be able to upgrade millions of base stations around the world,” Huang explained.

Huang has already revealed that Nvidia has secured $500 billion in bookings for its Blackwell and Rubin chips over the next five quarters.

Finally, Nvidia also announced a collaboration with Palantir Technologies, a company known for its close work with the US government and intelligence agencies. Nvidia will help Palantir speed up solving complex logistics problems for corporate clients such as home improvement retailer Lowe's.